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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Comment by markvrdon Sep 19, 2011 10:47am
256 Views
Post# 19057094

RE: RE: RE: RE: One more purchase

RE: RE: RE: RE: One more purchaseI would like to see fast and furious too of course.   However, if it can start trading strongly, hold it's gains and restore some shareholder confidence, that works for me too.    I think the selling is winding down but there'll be some games because of all of the shorts wanting to cover at good prices.     There may be some fast and furious action ahead of financials because I've got to think that a bunch of the shorts would want to be out of this by then.    I think there's a solid chance of exceeding analyst earning targets in Q3. 

Since there are about a hundred million shares short now,  there should be some good buying pressure from covering action between now and Q3 results in early Nov.   I haven't seen an update on dataexplorers.com yet but I suspect there were a good number that covered last Friday.    Merrill Lynch holds almost no short position now as Radamesb mentioned -- hoping others covered as well on Friday.
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